Political Quotes

“Ronald Reagan was prescient in his description of Congress, especially as Congress addresses issues, most specifically, the debt ceiling. Here is what Ronald Reagan had to say about Congress: Congress consistently brings government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Let me repeat that: those who rely on Social Security, you could add Medicare and veterans benefits. That is what is at stake here. Reagan went on to say: Interest rates would skyrocket, instability would occur in the financial markets, and the Federal deficit would soar. Why, then, would our colleagues on the other side of the aisle hold the American economy hostage? In their own words: so they can cut Social Security and Medicare. They call these programs entitlements. For all of those listening to this, make sure you call your Member of Congress, and let them know that Social Security is not an entitlement. It is an earned benefit. It is something that people pay for weekly, biweekly, or monthly. How do they know? How do we trust and verify this? All you have to do, Madam Speaker, is go to your pay stub. It says: FICA. That stands for Federal Insurance Contribution. That is Federal Insurance Contribution. Whose? Yours--the more than 66 million Americans who contribute to this program. It is an earned benefit. It is not an entitlement.…”